Apply / register for the FinTech Forum 2021 on 18th Nov. at the Airport Club, Frankfurt) here.
Check out our Q&As with Teo Blidarus of FintechOS and Virginia Bassano of Eight Roads.
Early stage European FinTech deals this week include CoinShares International Limited (Flow Bank) and Abacon Capital (Getsafe).
Scaling Enterprise FinTech: with Teo Blidarus of FintechOS
1. Tell us a bit about yourself and your company.
I am Teo Blidarus, CEO and co-founder of FintechOS. We allow banks and insurers to create customer-centric digital financial products and services using our digital on top and lean core solutions. Many financial institutions who want to innovate quickly are underserved or ill-served by current vendors. Our low-code, modular approach augments legacy systems and allows institutions to build, test and scale new digital products and services in weeks, rather than months.
Scaling Enterprise FinTech: with Virginia Bassano of Eight Roads
1. Please tell us a bit about yourself, both at work and leisure.
I am Italian, I studied in a French Business School and I live in London since 2017. I was previously working in Investment Banking at Citi covering the FinTech sector. I co-founded an HR tech startup named DailyInternship, a talent recruiting platform with over 100k students subscribed. That experience led me very close to the Venture Capital world.. so close that I ended up in VC myself! At Eight Roads I focus on investments in Southern Europe, Nordics, and more broadly speaking in FinTech investments all across Europe. I am passionate about travels, motorbike, photography and all type of animals. A funny fact about me is that by the age of 22 I had already visited all the European capitals in motorbike.
European Digital Asset Manager CoinShares Announces New Investment In Switzerland’s Online Bank, FlowBank
CoinShares International Limited (Nasdaq First North Growth Market: CS) is pleased to confirm a strategic investment of $11,845,790 in FlowBank, an online bank based in Geneva, Switzerland.
Following the investment, CoinShares “holds 110,000 shares in FlowBank, representing 9.02% of its enlarged share capital,” according to a release.
Established by Charles-Henri Sabet last year, and licensed by the Swiss Financial Market Supervisory Authority (FINMA) and a member of esisuisse, FlowBank aims to make investing accessible “to everyone.” It does so via an “intuitively-designed investing platforms, educational trading courses led by seasoned experts, and by offering highly competitive pricing.”
Abacon Capital and other investors invest $93 M in Getsafe
The ‘neo-insurer’ has made a name for itself targeting millennial customers, and currently serves a quarter of a million people across Germany and the UK. It was founded in 2015 by CEO Christian Wiens and CTO Marius Simon.
The company has digitised the entire insurance process, making it accessible through a smartphone app. Via the app, customers can buy, manage and adapt their policies as well as file a claim instantly.
Among its new investors are some of the largest family offices from Germany and Switzerland, including Abacon Capital. Existing investors Earlybird, CommerzVentures and Swiss Re also participated in the round.
Abacon Capital embraces disruptive innovation and invest in exponential technologies & exponential organizations whose recent investments include Tomorrow and Wirelane.
Deutsche Börse launches next-generation digital post-trade platform
– Digital post-trade platform D7 enables end-to-end digital securities processing
– Over 80 per cent of German securities eligible to be digitised through centralised digital register by mid-2022, enabling same-day-issuance and paperless, automated straight-through processing
– Launch partners include leading financial institutions and global technology partners
Global market infrastructure provider Deutsche Börse plans to launch a regulatory compliant, fully digital post-trade platform called D7, anchored in the recently introduced German digital securities law framework.
Cloud enabled Clearing Bank ClearBank Introduces Multi-Currency Solution for Fintechs
ClearBank, the Cloud-powered clearing bank, has announced the launch of a multi-currency solution that will aim to lower the friction for Fintech firms and financial institutions that provide cross-border payments and FX capabilities.
ClearBank’s API-driven tech and Banking-as-a-Service (BaaS) capabilities have created seamless payment solutions in Sterling, for use “in partnerships with the Department for Work and Pensions and PayPoint, Tide and other multi-national brands, so the expansion into multi-currency and FX is a natural and pertinent progression for the clearing bank.”
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Meet Our Partners:
IDA Ireland https://www.idaireland.com
Opportunity Network https://www.opportunitynetwork.com/fintech-forum
Money2020 Europe https://europe.money2020.com
InsurTech Insights https://insurtechinsights.com
Finovate Europe https://informaconnect.com/finovateeurope/
FN FinTech 40 https://www.fnlondon.com